Advertisement
Discussion (2)
Learn how to style your text
Bobby Lee
19 Oct 2020
Investor at Investor@Singapore
Reply
Save
Baby Steps Finance
19 Oct 2020
Seedly Student Ambassador 2020 at Seedly
You can invest under CPFIS, if you:
are at least 18 years old;
are not an undischarged bankrupt;
have more than $20,000 in your OA; and/or
have more than $40,000 in your SA.
From 1 October 2018, as a new CPFIS investor, you will need to take the Self-Awareness Questionnaire (SAQ) before you can start investing under CPFIS.
You can start investing once you meet the above criteria. I would recommend SPDR Gold Shares for a start. You can apply at any of the main 3 banks of SIngapore to open a CPF Investment Account.
Do note that up to 10% of investible savings can be invested in gold. As calculated here https://www.cpf.gov.sg/Assets/members/Documents...
https://www.cpf.gov.sg/Assets/members/Documents...
Good luck with your investment journey!!
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Why not look into this app called Everest Gold. You can buy from as little as 0.01g of gold which is like less than a dollar. They are a new company from Singapore. They're having a launch program where they are giving out a $40+ referral gift by just signing up. You don't need to make a deposit to actually claim this welcome gift, so why not give it a shot.
Let me know if you have any other queries. :)